PARENT COMPANY OF WISCONSIN BANK & TRUST RECOGNIZED AS A FORBES BEST BANK IN AMERICA FOR 2021
February 9, 2021 – Madison, WI
— Wisconsin Bank & Trust through its parent company, Heartland Financial USA, Inc. (NASDAQ: HTLF), has been named a “Forbes Best Bank 2021
In its annual review of the largest publicly traded banks and thrifts, Forbes
ranked Heartland 52nd
among a nationwide group of 100 leading banking organizations with assets ranging from $9 billion to over $2 trillion.
“We are proud to be named among the Best Banks in America for 2021,” said Brent Giles, President and CEO at Wisconsin Bank & Trust. “As a community bank, what sets us apart is our strong commitment to our customers, combined with access to ‘big-bank’ products and services as part of Heartland.”
ranking underscores the benefits of our unique structure—the strength and capabilities of a big bank, combined with the personal touch and local decision-making of a community bank,” Giles said. Wisconsin Bank & Trust offers full-service branches where experts can meet all financial needs throughout the community.
To compile the rankings
used data collected by SNL Financial through the third quarter of 2020 on the country’s largest publicly traded banks and thrifts. The data covered 10 metrics of financial health: return on average equity; net interest margin; nonperforming loans (NPLs) as a percentage of loans; nonperforming assets as percentage of assets; reserves as a percentage of NPLs; two capital ratios (Tier 1 and risk-based); and leverage ratio. Forbes
generated its ranking based on an average of the individual ranks of each metric.
About Wisconsin Bank & Trust
Wisconsin Bank & Trust (WBT), a subsidiary of Heartland Financial USA, Inc., (NASDAQ: HTLF), is a business-focused community bank with assets of more than $1.2 billion. With 13 banking centers and one loan processing office, Wisconsin Bank & Trust serves customers in the Madison, Milwaukee, Green Bay, Sheboygan, Monroe and southwest areas of Wisconsin. WBT offers a wide range of personal and business banking, private client and mortgage lending services. For more information, visit www.wisconsinbankandtrust.com
or call 608.203.1214. Wisconsin Bank & Trust is a member of the FDIC and an Equal Housing Lender.
About Heartland Financial USA, Inc.
Heartland Financial USA, Inc. is a $17.9 billion diversified financial services company providing commercial and retail banking, residential mortgage, wealth management, investment services and insurance services. Heartland currently has more than 130 banking locations in more than 100 communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. Additional information about Heartland Financial USA, Inc. is available at www.htlf.com